Treasury Report Calls for Stronger Oversight of Marketplace Lenders
While online marketplace lenders are subject to many of the same rules as banks for loan originations, marketplace lenders receive ...
Tag: Nonbanks
You Sure? Courts Unsettle Usury Case Law
Bankers and others are closely watching to find out if the usury battles thought long won and settled are re-opening.
Democratic Senators Call for New GAO Study of Fintech
Senate Banking Committee Ranking Member Sherrod Brown (D-Ohio), joined by Sens. Jeff Merkley (D-Ore.) and Jeanne Shaheen (D-N.H.) today called ...
GAO: Regulatory Framework around Nonbank Servicers Could Be Stronger
The current regulatory framework could be strengthened to give the Federal Housing Finance Agency and others greater supervisory authority over ...
ABA Welcomes OCC’s Principles for ‘Responsible Innovation’
ABA today applauded the OCC for its white paper outlining principles for how the agency will support innovation in the ...
Nichols Makes the Case for Responsible Fintech Regulation
A responsibly regulated fintech industry is essential for ensuring consumer protection and allowing for greater cooperation between banks and alternative ...
Nichols Talks Reg Relief, Millennial Engagement, Industry Unity
Incoming ABA CEO Rob Nichols discussed his plans to fight for regulatory relief, unite banks of all sizes and engage ...
Nonbank Lenders are Growing in Popularity and Capability
According to a recent article published in the September issue of the Scotsman Guide, nonbank lenders are growing in popularity, ...
Fed’s Brainard Examines Alternative Small Business Lending
Federal Reserve Governor Lael Brainard joined Janet Yellen at the Community Banking Research and Policy Conference with a speech on ...
Treasury Looking Into Online ‘Marketplace Lending’
With nonbank online “marketplace lending” growing dramatically -- originating $12 billion in new loans in 2014, mostly to consumers but ...
